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New Sanctions Obligations for Cryptoassets businesses

30 August 2022
ethereum coin on laptop keyboard

New Sanctions Obligations for Cryptoassets businesses

The Office of Financial Sanctions Implementation (OFSI) has posted a webinar outlining the new reporting obligations for Cryptoasset businesses.

The webinar addresses obligations for cryptoasset businesses that need to comply with UK sanctions as following the adoption of the Sanctions (EU Exit) (Miscellaneous Amendments) Regulations 2022 and the Sanctions (EU Exit) (Miscellaneous Amendments) (No.2) Regulations 2022.

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Plenitude’s Digital Assets Practice assembles a team that brings a deep knowledge of regulatory expectations, crypto business models and the associated risks, to help crypto firms navigate the regulatory landscape, the road to registration, and build and implement an effective risk management framework.
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